Tuesday, February 19, 2019

Macau

Gaming taxes inflate Macau’s coffers

The Macau government is expected to collect upwards of USD $13.35 billion in direct taxes from gambling in 2012. The government will also net...

Nevada’s Gaming Control heads visit Macau

Nevada's three Gaming Control Board members traveled to Macau last week in an effort to re-kindle the relationship with their regulatory counterparts, the Gaming...

Sports betting revenue rises racing revenue declines

The Gaming Inspection and Coordination Bureau said that gross revenue from football betting increased by 15.5 percent year-on-year to MOP418 million (US$52.3 million), while...

MGM wins approval for Cotai casino

Shares in MGM China (2282:HK) jumped almost 6% last week after the announcement that the Macau government granted it approval for a new mega...

More gaming tables for Macau

The table cap for operating properties - currently set at 5,500 for the 2011-12 biennium - shall be increased in 2013, the Macau Secretary...

Smoking ban yet to impact Macau casino revenues

  Average Daily Table Revenue (ADTR) was USD 99.9 million last week, which is below the first two weeks of the month, but expected due...

Wynn’s profits down

  Wynn Macau Ltd. profit fell 18 percent in the fourth quarter loosing grown to the competition already operating in Cotai, Bloomberg reported following the...

Macau licensed record 235 junkets

  Official data shows that the number of VIP gaming promoters operating legally in Macau is the highest ever. There are 235 licensed companies and...

Wynn chooses Leighton for Cotai

  A subsidiary of Australian-based Leighton Holdings, Leighton Asia, has been chosen by Wynn Macau (1128:HK) to design and build its maiden property in Cotai....

Sands China’s new Macau casino resort helps profits jump 52pct

  Sands China Ltd (1928:HK) posted a 52 percent jump in fourth-quarter profit, due mainly to strong performance of its Cotai project, Sands Cotai Central....

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Hokkaido wraps up IR Experts’ Committee

The Hokkaido IR Experts’ Committee held its fourth and final meeting on Monday, producing no surprises but once again declaring that Tomakomai city should...

Emperor International further increases stake in its hotel-casino

Emperor International Holdings announced that its subsidiary, Emperor Entertainment Hotel Investment, has acquired an additional 5 percent stake in Luck United, the company which...

Wynn full-year results boosted by Palace earnings

Wynn Palace has continued to drive revenue growth for Wynn Resorts. with strong casino revenue growth in 18Q4 helping to boost its full-year results....

Pachinko business drags Sega Sammy down

Hit hard by falling sales in the pachinko machine business, Sega Sammy Holdings recorded a 4.0 percent year-on-year decrease in net sales the April-December...

MGM installs Sega Sammy’s Baccarat Maximum Fortune

Sega Sammy Creation says it had successfully installed its Baccarat Maximum Fortune gaming machine at MGM Macau on Jan. 23. “BACCARAT MAXIMUM FORTUNE” is...